WellPoint Systems - Software Solutions for Energy Industry

We are the leading provider
of business information solutions to growth-oriented energy companies.

	Products
	Products AX EAM BOLO Accounting Budgeting Expenditure Accounting Financial Accounting Revenue Accounting Treasury Accounting Land Production Asset and Tax Management Audit Portal Energy Broker Energy Financial Management IDEAS COBRA OMS Intelligent Dashboard Licensing Options

Financial Accounting

It all adds up to greater value

To meet financial, management and compliance requirements, the financial accounting department must streamline and automate labor-intensive processes and reporting functions. By doing so, the back office is able to provide increased value to the organization.

BOLO Financial Accounting offers functionality for robust reporting and analysis and is embedded with the same internal controls seen throughout all BOLO applications - complete audit trails, full documentation and open transparency - promising the highest level of confidence in your regulatory and financial reporting.

BOLO enables you to:

Record the Business

Import journal entry information
Establish standardized entry templates
Automate intercompany bookings
Automate journal entry reversals

Manage the Business

Retain all historical data for comparative reporting
Trace every transaction to its source document
Obtain real-time access to all information
Enforce user-defined edits, controlled with the chart of accounts
Drill down from summary reports to lower levels of detail
Drill down to supporting documentation for a transaction with the click of a mouse

Business Benefits

With BOLO Financial Accounting, your company can:

Improve internal controls by using BOLO's built in controls
Improve accuracy of financial data
Achieve faster closes by streamlining the close process
Meet compliance requirements
Provide auditors supporting documentation easily
Add value to the organization rather than cost

	FAQ's
	Is the Chart of Account company-specific? What controls are built into the Chart of Accounts? Can sub-ledgers become out of balance with the General Ledger? Can BOLO handle multi-currency? How does BOLO handle intercompany transactions? How are transactions traced back to their original source?